The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | 690,218 |
| Income earned on marketable securities held in trust account | 1,948,314 |
| Accrued expenses | 183,009 |
| Other payable | 415,000 |
| Prepaid expense | 39,332 |
| Net cash used in operating activities | -699,419 |
| Purchase of marketable securities held in trust account | 50,000,000 |
| Net cash used in investing activity | -50,000,000 |
| Repayment of promissory note to related party | 274,941 |
| Proceeds from sale of public units through public offerings, net of underwriters discount | 49,000,000 |
| Proceeds from ordinary shares issued in private placement | 2,200,000 |
| Payment of deferred offering costs | 214,143 |
| Net cash provided by financing activities | 50,710,916 |
| Net change in cash | 11,497 |
| Cash at the beginning of the period | 0 |
| Cash at the end of the period | 11,497 |
Ribbon Acquisition Corp. (RIBBR)
Ribbon Acquisition Corp. (RIBBR)